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With reference to ‘Global Environment Facility’ which of the following statements is/ are correct?

A It undertakes scientific research on environmental issues at global level
B It serves as financial mechanism for ‘Convention Biological Diversity’ and ‘United Nations Framework Convention on Climate Change’
C It is an agency under OECD to facilitate the transfer of technology and founds to underdeveloped countries with specific aim to protect their environment
D Both(A) and (B)
Answer & Explanation
Option: [B]

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